Could Alphabet Stock Help You Become a Millionaire?
(NASDAQ: GOOG) (NASDAQ: GOOGL) is known for having the world's dominant search engine, and that's been the company's bread and butter for more than 20 years. And that business has allowed the company to build arguably the best infrastructure and pipelines of products in tech.
With that infrastructure at its base, I think Alphabet can keep growing and adding value for shareholders, and these are the keys to it helping you become a millionaire.
The chart below shows Alphabet's revenue and free cash flow over the past decade. These numbers are driven by growth in search and the immense profits in that business.
Source Fool.com
Alphabet Inc. A Stock
€153.82
-0.320%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.
